IPG Photonics

IPG Photonics is a manufacturer of high-power fiber lasers, fiber amplifiers, hybrid fiber/solid-state lasers and diode lasers for use in a wide range of markets including materials processing, advanced technologies, telecommunications & medical applications. The Company manufactures fiber lasers operating at 0.5 – 5 microns. IPG’s 1um and 1.5um fiber lasers and amplifiers are particularly popular in single-frequency and linearly-polarized variants; providing products having the best available combination of performance, reliability, and price. IPG's newly developed 2-5 microns mid-IR lasers offer cost-effective solutions for sensing, spectroscopy, material processing & medical applications. 

Company Growth (employees)
Type
Public
HQ
Oxford, US
Founded
1990
Size (employees)
4,230 (est)
IPG Photonics was founded in 1990 and is headquartered in Oxford, US

IPG Photonics Office Locations

IPG Photonics has offices in Oxford, Moskva, Bristol, Burbach and in 16 other locations
Oxford, US (HQ)
50 Old Webster Rd
Cerro Maggiore, IT
21 Via Kennedy
Daejeon, KR
80-12
Gliwice, PL
74 Portowa
Prague, CZ
8 2062 Čs. exilu
Novi, US
46695 Magellan Dr
Show all (20)

IPG Photonics Financials and Metrics

IPG Photonics Financials

IPG Photonics's revenue was reported to be $1 b in FY, 2016
USD

Revenue (Q2, 2017)

369.4 m

Gross profit (Q2, 2017)

206.3 m

Gross profit margin (Q2, 2017), %

56%

Net income (Q2, 2017)

104.1 m

EBIT (Q2, 2017)

141.1 m

Market capitalization (13-Nov-2017)

12.3 b

Cash (30-Jun-2017)

808.1 m

EV

11.5 b
IPG Photonics's current market capitalization is $12.3 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

769.8 m901.3 m1 b

Revenue growth, %

19%17%12%

Cost of goods sold

409.4 m453.9 m

Gross profit

491.9 m552.2 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

235.1 m243.5 m207.2 m252.8 m266 m285.8 m369.4 m

Cost of goods sold

106.4 m110.2 m92.8 m115.1 m121.2 m128.6 m163.1 m

Gross profit

128.7 m133.3 m114.4 m137.7 m144.8 m157.3 m206.3 m

Gross profit Margin, %

55%55%55%54%54%55%56%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

448.8 m522.2 m582.5 m623.9 m

Accounts Receivable

103.8 m143.1 m150.5 m155.9 m

Inventories

172.7 m171 m203.7 m239 m

Current Assets

786.3 m893.8 m1.1 b1.3 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

398.4 m480.6 m483.4 m487.5 m541.5 m571.5 m651.2 m613.7 m587.3 m645.6 m697.8 m808.1 m

Accounts Receivable

120.6 m107.6 m124.1 m136.6 m149.8 m169.8 m154.8 m146.5 m151.5 m162.7 m180.2 m237.3 m

Inventories

171.3 m170.6 m178.9 m179.5 m174.1 m190.8 m197.6 m226.9 m241.3 m242.4 m261.9 m260.7 m

Current Assets

749.2 m825.1 m854.1 m863.3 m931 m1 b1.1 b1.2 b1.2 b1.3 b1.4 b1.5 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

155.8 m200.4 m242 m260.7 m

Depreciation and Amortization

31.5 m35.6 m42.4 m51.5 m

Accounts Receivable

(10 m)(49 m)(19 m)(11.4 m)

Inventories

(50 m)(42 m)(71 m)(53.6 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

119.2 m40.5 m88.8 m144 m57.3 m118.6 m181.3 m49.3 m116.4 m185.6 m74.9 m179 m

Depreciation and Amortization

23.4 m8.1 m17.1 m26.4 m9.7 m20.2 m31.1 m11.4 m23.7 m37.6 m14.5 m29.7 m

Accounts Receivable

(26.9 m)(4.4 m)(20.7 m)(37.9 m)(11.9 m)(31.7 m)(20 m)8.1 m2.9 m(10.9 m)(22.8 m)(73.6 m)

Inventories

(43.7 m)(3.9 m)(15 m)(30.2 m)(13.9 m)(33.2 m)(52.2 m)(19.4 m)(34.7 m)(42.8 m)(22.4 m)(25.8 m)
Y, 2017

EV/EBIT

81.5 x

EV/CFO

86.4 x
Show all financial metrics

IPG Photonics Operating Metrics

IPG Photonics's Backlog was reported to be $413.9 m in FY, 2016, which is a 6% decrease from the previous period. IPG Photonics's Patent Applications was reported to be 380 in FY, 2016, which is a 19% increase from the previous period
FY, 2014FY, 2015FY, 2016

Patents Issued

170200240

Patent Applications

260320380

Backlog

$321 m$442.5 m$413.9 m

Countries

141516
Show all operating metrics

IPG Photonics Market Value History

IPG Photonics Revenue Breakdown

IPG Photonics's Web-traffic and Trends

IPG Photonics Online and Social Media Presence

IPG Photonics News and Updates

GGC sells ILT to IPG Photonics Corp for $40 ml

Generation Growth Capital has sold Innovative Laser Technologies Inc to IPG Photonics Corporation for $40 million in cash. Imperial Capital provided financial advice to ILT on the transaction. Based in Minneapolis, ILT is a maker of of laser-based systems used to produce components mostly for the me…

IPG Photonics Company Life and Culture

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